Government announces new Energy Bills Discount Scheme for businesses
The new Energy Bills Discount Scheme for UK businesses, charities, and the public sector will come into effect from April, replacing the current Energy Bill Relief Scheme ending in March.
The Treasury’s new scheme will mean all eligible UK businesses and other non-domestic energy users will receive a discount on high energy bills until 31 March 2024. The Government says the new scheme will help businesses locked into contracts signed before recent substantial falls in the wholesale price manage their costs and provide others with reassurance against the risk of prices rising again.
The new scheme is a significant reduction in the level of support that has been provided to businesses through the Energy Bill Relief Scheme, however, there are many solutions available that can significantly reduce energy consumption in commercial buildings.
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